Felix Pinkston
July 28, 2024 11:40
Filecoin (FIL) has announced the NV23 ‘Waffle’ upgrade, which improves network performance and integrates with Ethereum transactions.
Filecoin (FIL) is set to release its latest network upgrade, NV23 (codenamed ‘Waffle’), on August 6, 2024. According to Filecoin, the upgrade aims to improve network performance and expand integration with the broader blockchain ecosystem.
Key Features of NV23
The NV23 upgrade introduces several important Filecoin Improvement Proposals (FIPs).
- Fast Finality (F3) Soft Launch – FIP-00086: This proposal enables passive F3 testing on mainnet, laying the groundwork for rapid completion in future upgrades and potentially a full launch on NV24.
- Support for Legacy Ethereum Transactions – FIP-0091: Adds support for Homestead and EIP-155 Ethereum transactions, improving compatibility with Ethereum tools and wallets, facilitating onboarding of Ethereum users, and improving interoperability with the Ethereum ecosystem.
- Non-Interactive Proof of Replica (NI-PoRep) – FIP-0092: Separating the sealing and storage operations introduces significant changes to the sector sealing process, allowing for independent execution. This allows for early sealing in areas with lower energy costs and gives storage providers control over scheduling sectors for window posting deadlines.
Impact on the Filecoin Network
The NV23 upgrade is expected to bring several benefits to the Filecoin network.
- Improved performance: NI-PoRep enables you to add storage more easily and cost-effectively, potentially accelerating network growth.
- Broader ecosystem integration: Support for existing Ethereum transactions opens up new cross-chain application possibilities.
- A faster, more efficient network: The soft launch of F3 marks the first step towards significantly reducing transaction confirmation times.
As the NV23 launch date approaches, the Filecoin community can expect better features, efficiency, and greater integration with the broader blockchain ecosystem.
Collaboration announcement
Filecoin also announced several key collaborations aimed at revolutionizing AI data storage and advancing decentralized AI technologies.
Filecoin and Singularity NET Collaborating to Transform AI Data Storage
Filecoin is partnering with SingularityNET to revolutionize AI data storage by ensuring secure and verifiable model training. The partnership aims to promote ethical AI practices and strengthen Filecoin’s role as a foundational pillar of decentralized AI infrastructure. Read more in this CoinTelegraph feature.
Leading AI Project Chooses Filecoin as DePIN Backbone
At FIL Brussels, the Filecoin Foundation, along with EthCC, announced strategic collaborations with leading AI organizations including SingularityNET, Theoriq, Bagel, and Nuklai. These collaborations highlight Filecoin’s pivotal role as a decentralized infrastructure (DePIN) backbone for AI advancement. Read more on the FF blog.
Nuklai and Filecoin Foundation Join Forces to Secure Global Data
Nuklai and the Filecoin Foundation are working together to archive the world’s data, leveraging Filecoin’s decentralized storage network to create a robust and secure solution for long-term data preservation. More information can be found on the Nuklai blog.
DeStor Launches Decentralized Storage Marketplace
DeStor announced the launch of DeStor.com, a distributed storage marketplace that provides secure, scalable, and cost-effective data management solutions for enterprises. The partnership with Intuizi, a leader in geospatial computing, demonstrates DeStor’s commitment to accelerating the adoption of distributed technologies for enterprise buyers. Read the full announcement.
FILLiquid’s mainnet has been activated.
FILLiquid is launching an innovative service for FIL token holders, offering them the benefit of earning rewards without sacrifice. liquidity. Users can earn yields on their FIL tokens, and also have the flexibility to use them for other DeFi activities. Follow us on Twitter for the latest developments.
European Orbital Community Meeting
Ambassadors from the Filecoin Orbit Community Program and the Filecoin Foundation recently hosted events in six cities: Barcelona, Madrid, Warsaw, Lisbon, Katowice, and Munich. These events included engagement with local Web3 communities, insightful talks that showcased the depth of the Filecoin ecosystem, and participation from new and experienced community members. Read more about the tour on the FF Blog.
DSA Releases New Reference Architecture for Filecoin
The Distributed Storage Alliance (DSA) has released a new storage reference architecture for the Filecoin network leveraging Seagate’s Exos CORVAULT technology and OpenZFS. The architecture aims to reduce compute infrastructure requirements, improve economic viability for onboarding commercial storage workloads, and increase network resiliency. Learn more in the DSA’s blog post.
Introducing the NFT.Storage On-Chain Endowment
NFT.Storage has launched a new flagship product for long-term NFT preservation, the NFT.Storage On-Chain Endowment. Built on the powerful Filecoin EVM, this solution ensures the continued preservation of NFT data. Learn more about this innovative product on Twitter.
event
Filecoin Ecosystem Summary: Highlights for June 2024
Take a look at the Filecoin Ecosystem Recap for June 2024 and learn about the latest innovations and breakthroughs within the Filecoin community. This session, hosted by Emily Vaughan, will provide updates on various ecosystem projects and a brief introduction to upcoming events. Watch the full recording.
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